Other Industry News
As the newest David Neeleman airline inches closer to reality we're starting to learn more about the operation. It officially has a name and some planes and a theoretical route plan ready.
American Airlines and Brazil's GOL will establish a reciprocal codeshare agreement and frequent flyer program partnership. The deal is expected to open 20 additional South American destinations to the AA network and deliver more that 30 US destinations to the GOL route map. As part of the move American also announced a dozen new flights at its Miami hub, the primary gateway to Latin America.
Last week's news that Airbus will pay nearly $4 billion in penalties associated with a long-running bribery investigation was huge. This week AirAsia CEO Tony Fernandes and Chairman Din Meranun find themselves caught up in the scandal as well. And now there's concern other carriers and executives could also find themselves in the mess.